Financial Services - Customer Tax Operations and Reporting - Tax Services Analyst- EDGE

About the role

EY EDGE offers an exciting opportunity to join the Financial Services Organization (FSO) team. The FSO is a leader in serving the global financial services marketplace, focusing on banking, capital markets, wealth and asset management, insurance, and real estate, hospitality, and construction.

Responsibilities

• Support the Customer Tax Operations practice with the preparation and delivery of tax information reporting (1099/1042-S/8804), FATCA/CRS reporting, tax withholding certificate validation (Forms W-8/9) and related withholding and reporting reconciliations for engagements with banks, wealth and asset management firms and insurance companies.
• Collaborate with team members and clients to gather required information, obtain client authorizations and instructions, and communicate with client tax liaisons, tax compliance teams, and other stakeholders.
• Manage internal and external communications, including requesting and documenting receipt of client authorizations and instructions, and other correspondence that is material to the tax compliance process.
• Assist with billing and collections for tax compliance and related services.
• Contribute to the reconciliation of customer demographic data, transaction data, and tax information returns to ensure complete, accurate, and timely filing of those returns.
• Communicate with immediate supervisor and colleagues to obtain guidance and instruction pertaining to performance of work, provide updates on status of work, and discuss recommendations concerning correction of data issues to support accuracy and consistency in tax reporting.

Requirements

• Bachelor's degree in Accounting, Business, Finance, or a related field (a preference for a degree in Accounting).
• 1-2 years of relevant experience.
• Proficiency in basic computer software applications, including Microsoft Word, Excel, and PowerPoint.
• Working knowledge of 1099/1042-S reporting systems.
• Understanding of tax withholding certificates (Forms W-8/W-9) and FATCA/CRS Self Certification forms as well as information returns.
• Experience with tax withholding validation and complete tax withholding certificates.
• Experience with FATCA/CRS reporting templates.
• Strong analytical skills and attention to detail.
• The ability to adapt work style to work with both internal and client team members.
• A proficiency in trust tax software.

Qualifications

• Genuine interest in providing outstanding services to some of the world’s most influential people.
• Experience in a professional services environment.
• Proven record in information reporting and withholding tax laws and concepts required to prepare US federal and state information and withholding tax returns.
• Excellent organizational and verbal/written communication skills.

Skills

• Timely, efficient and accurate support of the production of information reporting in a volume-driven environment within deadline-driven time frames established by governmental agencies and as dictated by the performance standards set forth by the practice’s clients.
• Balancing time between multiple projects and responsibilities, working with multiple engagement teams to serve multiple clients.
• Understanding of tax withholding certificates (Forms W-8/W-9) and FATCA/CRS Self Certification forms as well as information returns, including the data and information that’s required on the forms or information return for accuracy in tax reporting.
• Understanding of vendor and client systems that support an tax operations function.
• Analyzing bridged customer data and transaction information to identify potential errors and omissions and applying knowledge of basic tax concepts to make decisions and take action to modify tax reporting coding or reporting pertaining transactions and income to support accuracy in tax reporting.
• Managing internal and external communications, including requesting and documenting receipt of client authorizations and instructions, as well as other correspondence that is material to the tax compliance process using the tax software, basic software applications such as Microsoft Word, Excel and Power Point, and proprietary client collaboration tools.
• Communicating with client tax liaisons, tax compliance teams and other stakeholders to gather required information, and obtain instruction or authorization necessary for timely, accurate production of tax information reporting.
• Absolutely no information about pay, schedule, benefits, or application instructions was provided in the job posting.